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3 Equity Income Funds | Morningstar


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Six trusts achieve dividend increases for 50 or more consecutive years


Six trusts achieve dividend increases for 50 or more consecutive years
19 trusts on AIC dividend heroes list
Aberdeen Standard Equity Income is the newest entrant to the dividend heroes
Six investment trusts have increased their dividends for 50 or more consecutive years, with a total of 19 qualifying as an Association of Investment Companies (AIC) dividend hero.
Despite 2020 marking a year in which UK dividends fell 41% in response to the pandemic, City of London, Bankers and Alliance Trust all achieved their 54
th consecutive increase, with Caledonia Investments following close behind at 52 years, and BMO Global Smaller Companies and F&C Investment Trust each reaching their half century. ....

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Dividend Heroes 2021: Trusts that raised payouts as firms hacked back


The Dividend Hero investment trusts that bucked the trend and increased payouts as investors were hit by a wave of cuts last year have been revealed.
The 19-strong Dividend Hero list features trusts that lifted their payments to investors, despite a 41 per cent collapse in UK dividends as companies slashed costs to fight the coronavirus crisis.
The latest data on the trusts with the longest-running records of raising dividends year-in, year-out from the Association of Investment Companies features a trio with an impressive history that dates back 54 years.
City of London, Bankers and Alliance Trust have raised dividend payments every year since 1967, when the Beatles reached number one in the charts with All You Need is Love and Dustin Hoffman and Anne Bancroft starred in The Graduate. ....

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